The coinage suffered a cold snap and everything seemed to fall silent. And the outbreak of EOS dApp ecology has ignited a blazing fire in the cold winter of the coinage. Since the launch of EOS dApp, the transaction volume has reached 14 billion yuan. Many people cannot see, look down upon, understand or keep up with it.
Today, let's explore what's going on with EOS dApp right now.
EOS dApp with a hundred flowers
As of November 20, there were 161 EOS dapps in dappradar. The total flow has exceeded 8.2 billion RMB. Since the incident of Fomo3d, ethereum's trading activity has been in the doldrums. Half of the 155 dapps in the EOS ecosystem are gambling games (hereinafter referred to as BC games), and 7 BC games in the running water ranking rank top 10.
From the golden age of EOSBet to the emergence of BetDice and the emergence of FarmEOS, blackjack - Poker and Endless Dice.
The dApp trading volume on EOS has surpassed that of ethereum.
Trading volume on August 24 was 10 times that of ETH, while on October 22 it was 33.3 times that of ethereum.
Moreover, active users of the dApp of EOS and ETH were flat on September 7, while daily active users of the dApp of EOS on October 12 were 4.35 times that of ethereum, and nearly 10 times on October 27.
The fundamental reason is that the high TPS and no transaction fees of EOS make the BC games can be experienced smoothly.
DEX (decentralized exchange), as a kind of dApp, is second only to BC. Its reason lies in the performance of the main network of EOS. Although EOS has various problems and the degree of decentralization is not high enough, its advantage is that there is no transaction fee for trading, which is more in line with the business logic of decentralized exchange. The mainstream exchanges in EOS ecological trading are Newdex, Chaince, WhaleEx(whale exchange) and EOSFINEX.
Newdex, with an 80% market share, breaks the pain point of existing centralised platforms by putting the underlying structure of exchanges on the public chain.
In less than three months, the number of daily trading users of Newdex increased by 650% and transaction volume increased by 7146%. (data source: dappradar.com) Newdex has now surpassed IDEX, the no. 1 exchange on ETH, in both live and daily trading volume.
Newdex centralizes the management of user assets, and automatically transfers the assets to the platform address through registration, recharge, and matching transactions. After the transaction is completed, the user applies for withdrawal, assets to the account, and the process ends.
Newdex, which runs on EOS, is the world's highest public chain of TPS, perfectly supports platform performance, and trades as fast as a central exchange.
Technically speaking, it does not touch the user's private key, imports the wallet as a transaction, does not recharge, and guarantees the security of the asset. Transaction records and capital circulation are all linked and open and transparent. Transaction completed automatically to account, no need to withdraw, convenient and fast.
From the perspective of security, the user transfers the tokens to the account of Newdex exchange while registering the order, and then retransfers the money back to the wallet after the transaction. The core of its deal is still dealmaking, but with less exposure to users' money.
EOS ecological
1. Nodes:
"EOS has 21 primary and other alternative nodes." At the same time, their interests are bound up with the natural EOS ecology. The richer the EOS ecology is, the greater the benefits it brings to the nodes. Therefore, nodes have great motive power to promote the ecological construction of dApp. By organizing online and offline activities and building community, EOS node has become a seed user of dApp naturally.
2. EOS wallet:
Starting from the imToken wallet, the wallet is only used as a tool to store tokens. We will not open the wallet again except to transfer money. And EOS wallet makes whole wallet pattern begins to change. EOS dApps connect directly to the EOS wallet, making the EOS wallet a traffic entry. In the promotion process of EOS wallet, we can see the back of EOS node, which enables the wallet to reach effective users more directly. Improved the conversion degree of publicity and increased user stickiness.
Of course, there are rivers and lakes where there are people, and there is competition where there are profits. Once EOS wallet forms an oligopoly on the flow, it has the bargaining chip and can restrict and control the reverse of dApps.
Derived from the surrounding
While the ecology of EOS dApp is booming, its derivative peripheral products gradually come into our view, including brush table, wool, CPU leasing, mining robot and operation service.
1, the list of brush
Like the Forbes 400, only dApp, which sits at the front of the DappReview list, can attract players' attention and bring in more money. Therefore, there is a business of scoping the list to attract players and follow up the game.
2, wool
In order to attract users online, a large number of dapps often conduct the airdrop of tokens, which makes the wool party profitable and the wool business has formed a huge industrial chain. The DappReview platform once conservatively estimated that of the 460,000 EOS accounts, more than 100,000 were wool party accounts.
3. CPU leasing
Players need to mortgage their EOS to get CPU resources while playing the game. Because without mortgaging the EOS, the delay of the game often makes you unable to play the game, resulting in the loss of the EOS. As a result, most people are willing to be mortgaged by others through leasing, thus increasing the utilization rate of EOS and reducing their own cost. The daily interest rate for renting CPU can reach 0.2-1%, which is quite considerable compared with bank interest.
4. Mining robot
Since the game is mining, the pursuit of profit maximization is everyone's natural desire. In this way, the production of mining robot is promoted, and the mining robot can automatically conduct transactions, saving the player time and improving the use efficiency of funds.
5. Operation service
To make money with information difference is often a low risk and low threshold thing. Many people start to provide operation services: putting on the ranking list, putting on the wallet, we media, public account, community Posting and promotion, thus promoting the prosperity of the market.
Questions and prospects
The current EOS dApp players are all stock users, that is, EOS holders. The threshold to enter the coinage is still very high. Without fresh blood to inject into the EOS ecology, a large number of retail investors lose their chips to exit the EOS ecology, and the ultimate result is that the ecology goes to death. Moreover, dApp running on EOS is not open source. The reason is that previous incidents of money theft by hackers made people afraid of losing money due to open source. However, the lack of open source makes it impossible for our users to see if the game is not evil.
If the game cannot achieve transparency and openness in the blockchain, the results are often unconvincing. Now the game development threshold is low, and the game mechanism is too single, cannot let the player have a good user experience. If you want to reach the level of nintendo, you need a lot of intermediate parts and infrastructure to support developers, which takes a long time to explore and try.
conclusion
At present, the trading volume of EOS is significantly higher than that of ETH, but we are not sure that the EOS ecology is higher than that of ETH. The reason is that the ecology pays attention to complexity and diversity. As the dApp above ETH is far superior to EOS, ETH has certain advantages in the game asset transfer, strategy game and other interactive games on the low-frequency chain of trading frequency.
ETH is more decentralized and more internationalized, while EOS is more similar to the Asian alliance. Most dApp members come from China, Japan, Singapore and South Korea, etc.
Therefore, what EOS needs to do is to push the global community to work together and make more people participate in the EOS ecology. With the efforts of the community, the future of EOS will be brighter.